According to the latest report by IMARC Group, titled “Fermenters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global fermenters market is expected to grow at a CAGR of around 6% during 2021-2026.
Fermenters or stirred-tank bioreactors are small, economical, and sterilized process vessels used for cultivating heterotrophic microalgae. They utilize sensors, probes, and controlled clean-in-place systems to monitor conditions and maintain optimal levels of microbial growth. Fermenters find extensive applications in the manufacturing of numerous products, such as cellulose, ethanol, vinegar, lipase, citric acid, amylase, streptomycin, lactic acid, etc. They are also widely used in biological wastewater treatment, pulp and paper production, industrial solvents, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
These vessels can be genetically modified, produce large yields quickly, tolerate unusual growth conditions, and produce a wide range of chemical compounds, drugs, enzymes, etc. As such, the rising product demand in the pharmaceutical industry is driving the fermenters market. Moreover, the growing prevalence of numerous infectious and chronic diseases is further catalyzing the market growth. Additionally, the increasing requirement of fermenters in the food and beverage industry for destroying harmful microorganisms and chemicals during fermentation, adding beneficial bacteria to promote digestion, preserving the texture of soy products, etc., is also augmenting the global market. Furthermore, the inflating levels of awareness about the health benefits of consuming fermented food products, such as improved immune system, increased bioavailability of nutrients, reduced chances of lactose intolerance, etc., are expected to fuel the fermenters market over the forecasted period.
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Fermenters Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Applikon Biotechnology B.V. (Getinge AB), bbi-biotech GmbH, Bioengineering AG, CerCell A/S, Electrolab Biotech Ltd, GEA Group Aktiengesellschaft, General Electric Company, Pierre Guérin SAS (ENGIE Group Company), Sartorius AG, Thermo Fisher Scientific Inc. and ZETA Holding GmbH.
The report has segmented the market on the basis on region, process, mode of operation, material, end user.
Breakup by Mode of Operation:
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Key highlights of the report:
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